For Endeavor Group Holdings Inc [EDR], Analyst sees a rise to $27.50. What next?

Endeavor Group Holdings Inc [NYSE: EDR] gained 0.69% on the last trading session, reaching $27.62 price per share at the time.

If compared to the average trading volume of 3.28M shares, EDR reached a trading volume of 9271919 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Endeavor Group Holdings Inc [EDR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EDR shares is $27.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EDR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Endeavor Group Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 15, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Outperform. The new note on the price target was released on September 12, 2023, representing the official price target for Endeavor Group Holdings Inc stock. Previously, the target price had yet another raise to $33, while Guggenheim analysts kept a Buy rating on EDR stock.

The Average True Range (ATR) for Endeavor Group Holdings Inc is set at 0.10, with the Price to Sales ratio for EDR stock in the period of the last 12 months amounting to 1.30. The Price to Book ratio for the last quarter was 1.91, with the Price to Cash per share for the same quarter was set at 3.59. Price to Free Cash Flow for EDR in the course of the last twelve months was 34.30 with Quick ratio for the last quarter at 0.50.

Trading performance analysis for EDR stock

Endeavor Group Holdings Inc [EDR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.51. With this latest performance, EDR shares gained by 0.47% in over the last four-week period, additionally plugging by 12.92% over the last 6 months – not to mention a rise of 27.52% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EDR stock in for the last two-week period is set at 64.65, with the RSI for the last a single of trading hit 69.59, and the three-weeks RSI is set at 62.31 for Endeavor Group Holdings Inc [EDR]. The present Moving Average for the last 50 days of trading for this stock 27.37, while it was recorded at 27.48 for the last single week of trading, and 25.77 for the last 200 days.

Endeavor Group Holdings Inc [EDR]: A deeper dive into fundamental analysis

Endeavor Group Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.50.

Endeavor Group Holdings Inc [EDR]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EDR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Endeavor Group Holdings Inc go to 26.20%.

An analysis of Institutional ownership at Endeavor Group Holdings Inc [EDR]

There are presently around $97.79%, or 98.54%% of EDR stock, in the hands of institutional investors. The top three institutional holders of EDR stocks are: SILVER LAKE GROUP, L.L.C. with ownership of 91.98 million shares, which is approximately 30.6118%. CANADA PENSION PLAN INVESTMENT BOARD, holding 21.04 million shares of the stock with an approximate value of $$568.68 million in EDR stocks shares; and CANADA PENSION PLAN INVESTMENT BOARD, currently with $$368.99 million in EDR stock with ownership which is approximately 4.5434%.